Komori
Revision of earnings forecasts6822Oi Electric Co.,Ltd.Electrical equipment and precision instruments

Notice Regarding the Recognition of an Extraordinary Loss and Revision of Full-Year Consolidated Earnings Forecast

The consolidated full-year forecast for the fiscal year ended March 2024 was raised for revenue, operating profit, ordinary profit and profit attributable to owners of the parent. In addition, an impairment loss on investment securities of ¥87 million will be recorded as an extraordinary loss.

Worth reading
83Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
275
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2024 · Full yearPrevious forecast published 2023年5月12日発表
Net Sales26,400→28,100million
+6.4%
Operating profit500→900million
+80.0%
Ordinary income460→830million
+80.4%
Profit attributable to owners of the parent200→750million
+275.0%
Net income per share153.69→576.49yen
+275.1%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

部材の需給問題が概ね解消に向かい、調達時期の前倒し交渉などにより生産活動の正常化が進み、IoT関連装置事業の売上が増加したため。さらに、人件費削減を含む全社的なコスト削減、材料費・製造コストの販売価格への一部転嫁を実施したため。

Details and amount of extraordinary loss

投資有価証券評価損87百万円(投資有価証券の減損処理)

Previous-period resultsNet Sales 22,926百万円 / Operating profit △466百万円 / Ordinary income △439百万円 / Profit attributable to owners of the parent △811百万円 / Net income per share △624.04円銭
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥26,400 million → ¥28,100 million(+6.4%)
Operating profit¥500 million → ¥900 million(+80.0%)
Ordinary income¥460 million → ¥830 million(+80.4%)
Profit attributable to owners of the parent¥200 million → ¥750 million(+275.0%)
Net income per share153.69 yen → 576.49 yen
Fiscal Period CoveredFiscal year ending March 2024
Period CoveredFull year
Publication date of previous forecast2023年5月12日発表
Previous-period resultsNet Sales 22,926百万円 / Operating profit △466百万円 / Ordinary income △439百万円 / Profit attributable to owners of the parent △811百万円 / Net income per share △624.04円銭
Reason for the revision部材の需給問題が概ね解消に向かい、調達時期の前倒し交渉などにより生産活動の正常化が進み、IoT関連装置事業の売上が増加したため。さらに、人件費削減を含む全社的なコスト削減、材料費・製造コストの販売価格への一部転嫁を実施したため。
Details and amount of extraordinary loss投資有価証券評価損87百万円(投資有価証券の減損処理)
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

情報通信機器製造販売で部材の需給問題が概ね解消に向かい、調達時期の前倒し交渉などにより生産活動が正常化したことで、電力スマートメーター向け通信機器を中心とするIoT関連装置の売上が増加しました。利益面では、売上増に加え、人件費削減を含む全社的なコスト削減や、材料費・製造コストの販売価格への一部転嫁を実施しました。親会社株主に帰属する当期純利益には、投資有価証券評価損87百万円の特別損失を織り込んでいます。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recognition of an Extraordinary Loss and Revision of Full-Year Consolidated Earnings Forecast | Oi Electric Co.,Ltd. (6822) timely disclosure | Komori